New Construction
For Sale
$585,000
1163 Blalock Avenue, Fort Worth, TX 76115
Each residence includes three bedrooms, a flexible media or bonus room, and a one-car garage.
Property Size3,304 SF
Price / SF$177.06
Days on Market10
Property Features for 1163 Blalock Avenue
General Information
Standard status
Active
Size
3,304 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Building Size
3,304 SF
Year Built
2026
Buildings
1
Listing Agency:
Signature Real Estate Group
Listed By:
Daisy Gonzalez · License #0793282
(817) 313-1321
Source:
Finepointhomes
Added: Oct 21
Changed: Oct 27
Last Checked: Oct 26 at 5:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Real Estate Group
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two residences totaling 3,304 square feet. Each unit has three bedrooms, two full bathrooms, a half bath, and a media or flex room. The primary suite is on the first floor, with two additional bedrooms, a full bathroom, and the flexible room upstairs. Each home also includes a one-car garage.
The living area connects with the kitchen, which features a center island, quartz counters, cabinetry, and stainless steel appliances. The property is a short drive from Downtown Fort Worth, shopping, dining, and major highways.
The living area connects with the kitchen, which features a center island, quartz counters, cabinetry, and stainless steel appliances. The property is a short drive from Downtown Fort Worth, shopping, dining, and major highways.
Key Highlights
- Two‑unit duplex with 3,304 square feet total
- Each residence has 3 bedrooms, 2.5 bathrooms, a media or flex room, and a 1‑car garage
- First‑floor primary suite with ensuite bath and walk‑in closet in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,241
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,820
$1.0M
Cap Rate 7%
$717,729
$717.7K
Cap Rate 9%
$558,233
$558.2K
Market Conditions
NOI Build-Up for 3,304 SF
Gross rent
$102.3K $30.96/SF
− Vacancy
−$10.9K −$3.31/SF
EGI
$91.3K $27.65/SF
− OpEx
−$41.1K −$12.44/SF
NOI
$50.2K $15.21/SF
Area
Fort Worth, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,820
Cap Rate 7%
$717,729
Cap Rate 9%
$558,233
Alternative Uses
Best Use
Multifamily LT 5
$826.4K
$723.1K – $964.1K
NOI $57,846 @ 7.0% cap · market cap 9.89%
Second Best
Apartment 5plus
$717.7K
$628.0K – $837.4K
NOI $50,241 @ 7.0% cap · market cap 8.59%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,014 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Explore this area
Business Placement
Demographics for 76115, TX
20,956
Population
6,706
Households
3.1
Avg Household Size
29
Median Age
17%
College-Educated
53%
High-School Grad
4.6 sq mi
ZIP Area
4,556
Density / Sq Mi
$51,823
Median Household Income
$29,868
Median Earnings
$1,177
Median Rent
$132,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes three bedrooms, a flexible media or bonus room, and a one-car garage.
Where is this duplex located?
The property is located at 1163 Blalock Avenue Fort Worth, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two‑unit duplex with 3,304 square feet total; Each residence has 3 bedrooms, 2.5 bathrooms, a media or flex room, and a 1‑car garage; First‑floor primary suite with ensuite bath and walk‑in closet in each unit
